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      Modelling of pricing, crashing, and coordination strategies of prefabricated construction supply Chain with power structure

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          Abstract

          In the prefabricated construction industry, consumers are sensitive to the construction delivery time, and different power structures are very common. This research uses methods of Stackelberg game, Nash game and supply chain coordination, introduces a manufacturer crashing strategy into a prefabricated construction supply chain and investigates the assembler pricing, manufacturer crashing, and supply chain coordination strategies under three different power structures. It finds that adopting a crashing strategy improves the supply chain’s profit, while the dynamic wholesale price contract achieves supply chain coordination. Meanwhile, when consumer time and price sensitivity are low, it is easier to achieve high profits in the supply chain under unequal power distribution. Conversely, the supply chain profit is higher in the case of a Nash game. This study innovatively introduces the thought of power structure and crashing strategy into the prefabricated construction supply chain, and provides the optimal price and delivery time under three different power structures for prefabricated construction enterprises and realizes supply chain coordination. The conclusion can provide decision suggestions for the prefabricated construction enterprises under different competitive environments.

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          Most cited references51

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          Critical review of the research on the management of prefabricated construction

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            Game theoretical perspectives on dual-channel supply chain competition with price discounts and pricing schemes

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              Channel Coordination in the Presence of a Dominant Retailer

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                Author and article information

                Contributors
                Role: ConceptualizationRole: Writing – review & editing
                Role: InvestigationRole: MethodologyRole: Writing – original draft
                Role: Writing – review & editing
                Role: Formal analysisRole: Writing – review & editing
                Role: Editor
                Journal
                PLoS One
                PLoS One
                plos
                PLOS ONE
                Public Library of Science (San Francisco, CA USA )
                1932-6203
                10 August 2023
                2023
                : 18
                : 8
                : e0289630
                Affiliations
                [001] College of Architecture and Urban-Rural Planning, Sichuan Agricultural University, Chengdu, Sichuan, P.R. China
                Central Queensland University, AUSTRALIA
                Author notes

                Competing Interests: The authors have declared that no competing interests exist.

                Author information
                https://orcid.org/0000-0002-6577-4918
                Article
                PONE-D-22-28032
                10.1371/journal.pone.0289630
                10414617
                42145990-017d-4769-9649-0c261bbf0504
                © 2023 Jiang et al

                This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

                History
                : 19 October 2022
                : 22 July 2023
                Page count
                Figures: 4, Tables: 2, Pages: 22
                Funding
                Funded by: Youth Foundation for Humanities and Social Sciences of Ministry of Education of China
                Award ID: 19YJC630063
                Award Recipient :
                Funded by: Sichuan Science and Technology Program
                Award ID: 2020YJ0365
                Award Recipient :
                Funded by: Sichuan Science and Technology Program
                Award ID: 2022JDTD0022
                Award Recipient :
                Funded by: funder-id http://dx.doi.org/10.13039/501100001809, National Natural Science Foundation of China;
                Award ID: 71972136
                Award Recipient :
                Funded by: Key research base of humanities and Social Sciences of Sichuan Province-Research Center of Sichuan County Economy Development
                Award ID: xy2020035
                Award Recipient :
                W. J. is sponsored by Youth Foundation for Humanities and Social Sciences of Ministry of Education of China (No. 19YJC630063; Website: http://www.moe.gov.cn/), Sichuan Science and Technology Program (No. 2020YJ0365, No. 2022JDTD0022; Website: http://kjt.sc.gov.cn/), National Natural Science Foundation of China (No. 71972136; Website: https://www.nsfc.gov.cn/) and Key research base of humanities and Social Sciences of Sichuan Province-Research Center of Sichuan County Economy Development (No. xy2020035; Website: http://xyjj.mnu.cn/). The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.
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